US Airways Group Inc. filed for bankruptcy protection on Sunday for the second time in two years, with cash reserves dwindling and no concessions from unions. Some important developments since the airline emerged from its first bankruptcy in March 2003:
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Jan. 8, 2004 - US Airways looks to sell assets including East Coast shuttle to raise cash. Four carriers express interest, but nothing sold.
March 12 - US Airways restructures terms of $900 million loan guarantee from the Air Transportation Stabilization Board.
March 24 - US Airways CEO David Siegel says airline could be "killed" by low-cost rivals if it does not slash costs and revamp its business strategy.
April 19 - US Airways chief executive David Siegel, who led the company through bankruptcy in 2003, resigns under pressure from unions. Replaced by Bruce Lakefield.
July 20 - US Airways announces plans to slash 135 daily flights from Pittsburgh, a third of its operations there, to save money.
July 27 - US Airways posts quarterly profit of $34 million, first since 2000, but warns that losses will be likely in second half of year.
Aug 19 - US Airways chairman David Bronner warns that employees must agree to concessions or the airline might be liquidated.
Sept. 6 - Leaders of Air Line Pilots Association at US Airways reject $295 million concession proposal, a debilitating setback to company's cost-cutting goal of $800 million from labor groups.
Sept. 8 - Standard & Poor's cuts debt rating deeper into junk, triggering concern that bankruptcy imminent.
Sept. 11 - US Airways strikes an agreement with its pilots' union to resume talks over a $295 million package of concessions as it tries to avert another bankruptcy filing.
Sept. 12 - US Airways files for Chapter 11 bankruptcy protection, citing liabilities of $8.7 billion and assets of $8.8 billion, including $2.5 billion of goodwill. Only minutes before, its flight attendants' union had rejected US Airways' latest proposal for cuts in wages and benefits.
